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Saturday, November 23, 2024

Scandia home prices fell in the first half of 2022

Realestate2

The median sale price of a home sold in the first half of 2022 in Scandia fell by $106,250 while total sales decreased by 55 percent, according to BlockShopper.com.

From January through June, there were nine homes sold, with a median sale price of $402,000 - a 20.9 percent decrease from the $508,250 median sale price for the same period of the previous year. There were 20 homes sold in Scandia in the first half of 2021.

The median sales tax in Scandia for the most recent year with available data, 2020, was $3,845, approximately one percent of the median home sale price for the first half of 2022.

The following table compares Scandia to other Washington County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
St. Marys Point3250$587,500$574,0002.4
Pine Springs42100$551,000$638,500-13.7
Marine on St. Croix46-33.3$505,000$520,000-2.9
Stillwater171182-6$452,500$400,00013.1
Birchwood Village56-16.7$419,000$435,000-3.7
Scandia920-55$402,000$508,250-20.9
Mahtomedi484311.6$398,750$400,000-0.3
Woodbury457538-15.1$394,000$370,0006.5
Lakeland14140$382,500$300,29927.4
Willernie59-44.4$355,000$217,00063.6
Cottage Grove193211-8.5$353,000$320,00010.3

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